INFO EDGE (INDIA) LTD. - 532777 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of Q2 FY 2023-24 Post Result conference call15-11-2023
15-11-2023
Buy Info Edge (India); target of Rs 5320 Sharekhan
Sharekhan is bullish on Info Edge (India) has recommended buy rating on the stock with a target price of Rs 5320 in its research report dated November 06, 2023.10-11-2023
INFO EDGE (INDIA) LTD. - 532777 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Intimation of publication of Unaudited Standalone & Consolidated Financial Results for the quarter & half year ended September 30, 202308-11-2023
Info Edge's notional loss from investment in 4B Networks stands at 532 cr
The loss comprised 719 crore of goodwill, 80.77 crore for net assets and 12.32 crore for iInter-corporate deposits (ICDs) given and reduced by non-controlling interest payable of 280.27 crore08-11-2023
Info Edge profit more than doubles in Q2FY24: Should you buy, sell or hold the stock?
Brokerages remain optimistic of Info Edge's long-term opportunity in its operating entities, however, warn recruitment segment to be adversely impacted due to soft IT demand08-11-2023
INFO EDGE (INDIA) LTD. - 532777 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Q2 FY 2023-24 Post Result Conference Call Details07-11-2023
INFO EDGE (INDIA) LTD. - 532777 - Disclosure On Related Party Transactions Under Regulation 23(9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Disclosure on Related Party Transactions under Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201507-11-2023
Info Edge revenue rises 4% to Rs 626 crore in Q2 as IT sector's slow hiring hurts
The non IT hiring market continued to be strong but a slowdown in IT hiring dragged down Naukri growth07-11-2023
Q2FY24 Quarterly Result Announced for Info Edge (India) Ltd.
Internet Software & Services company Info Edge (India) announced Q2FY24 results: Revenue from Operations at Rs 593 crore on standalone basis for Q2FY24 as compared to Rs 531.8 crore in Q2FY23. 99acres.com, the real estate vertical of Info Edge continued its growth trend for the past few quarters and delivered a strong performance in Q2FY24 with revenue growth of 25.2%. The revenues for Q2FY24 in the recruitment business grew 9.1% YoY. Billing of the Company for the quarter grew by 4.8% YoY and stood at Rs 569 crore. The Company registered a growth of 26.8% in its operating profit which stood at Rs 218.9 crore on a standalone basis for Q2FY24 as compared to a profit of Rs 172.5 crore in Q2FY23. Standalone business generated cash from operations (before tax) of Rs 250 crore for Q2FY24, a growth of 14% YoY. While announcing the results, Hitesh Oberoi, Managing Director and Chief Executive Officer said, “Good execution in 99acres and Jeevansathi business helped reduce burn in these verticals substantially during the quarter. The Non-IT hiring market continued to be strong but a slowdown in IT hiring dragged down Naukri growth.” Result PDF07-11-2023